Moralis Web3 CEO Believes Ethereum Could Hit $10K Very Soon

One of the cryptocurrencies in the red today is the biggest altcoin by market cap, Ethereum (ETH). According to the market tracking website CoinMarketCap, ETH saw a 0.08% drop in price over the last 24 hours and now trades at $1,194.81 after reaching a low of $1,185.70 over the same time period. The altcoin is also still in the red by about 1.55% over the last seven days.

Ethereum / Tether US 1D (Source: CoinMarketCap)

ETH did, however, strengthen against its biggest competitor, Bitcoin (BTC), by 0.48% since yesterday. Also in the red zone is ETH’s 24-hour trading volume which currently stands at $4,555,223,608 after a more than 3% decline. The altcoin’s market cap stands at $146,212,976,126.

About nine hours ago, the CEO and co-founder of MoralisWeb3 who goes by the name of Ivan on Tech, took to Twitter to ask the crypto community if they are still bullish on Ethereum (ETH). A few hours later, the CEO responded to his own tweet by confirming that he is, in fact, bullish on ETH. He even went as far as to say that he believes ETH could reach $10k very soon.

He also stated that he clings to this belief despite some of the criticism he has received for his opinion on ETH and its future performance.

The comments on his post mostly agreed with the fact that ETH has the potential to reach $10k, but many believe it might not happen as soon as the CEO believes it will.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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